Intro, skippable if seen previous posts: The Information Ratio is a way to look at risk adjusted return. It's returns divided by volatility, but with extra steps for comparing with a benchmark. An asset might have a lot more gain and but only a bit more risk, or the other way around. With the portfolio calculator, just copy to your google drive and enter the symbols and percentages.

Common uses:

• Gaining more insight into a coin/token;
• Comparing coins/tokens of a similar risk level;
• More common with portfolios than single asset.

Higher number is better, negative number is worse than benchmark. High IR can still be too risky/not risky enough for your preference.

Individual cryptocurrencies: Full Year Data | Half Year Data

Raw data: Full Year | Half Year

Portfolio calculator: Full Year Data | Half Year Data

Last day on file: 2021-12-26

Previous posts: Individual cryptocurrencies | Portfolio calculator

(IR is based on averages, so no huge differences other than expanding from top 300 to top 500)

Not all coins in top 500 have been around for a full year, so there's a table done with the last 6 months of data. The benchmark used is CCI30, the crypto index.

(Coins/tokens outside top5 are in the google sheets)

12 Month's Data, Top 5 per risk group

High Risk (highest 25% of coins)

Med Risk

Low Risk (lowest 25%)

6 Month's Data, Top 5 per risk group

High Risk (highest 25%)

Med Risk

Low Risk (lowest 25%), staked ETH omitted from top 5

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Thoughts

Half year data is probably more useful for short term investments.

Low risk cryptocurrencies had a narrower range of 30 day returns.

Idk why VERI has a volatility of 10948620551561000000000000000000000000. But the math checks out.

Exchange tokens are often near the top of the low risk group, with CRO barely entering med risk.

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Methodology

The formula for IR is: (AssetReturn - BenchmarkReturn)/TrackingError

Tracking Error is StandardDeviation (DailyReturn - DailyBenchmarkReturn).

Calculations were batch done with a script I wrote.

Data for coins come from Coin Gecko API.

Coins with missing days were removed.

More about IR

Disclaimers

I'm not a professional.

Not financial advice.

High IR doesn't necessarily mean they will perform well in the future.

Idk what most of these coins/tokens are.

I'm personally not using this data as sole deciding factor in anything.